Tuesday, May 14, 2013

Liquid Markets : Technical Analysis 14.05.2013



EURJPY 132.02 / 04

EURJPY Chart
  • 133.55
  • 133.15
  • 132.75
  • 132.38
  • 131.53
  • 131.05
  • 130.40
  • 129.70
trend MA10 MA20 stochastic  Daily Weekly Monthly


MARKET ANALYSIS - Intraday Analysis

EUR/JPY: The pair is moving in a tight range between the psychological levels of 131.53 (S1) and 132.38 (R1) as seen on the above chart. The pair retested the 132.38 level a couple of times since the beginning of this week without managing to break above it, making that level technically strong over the short and medium term. A hold for a clearer technical outlook is advisable.




Disclaimer The analysis we provide is based on the average estimate of price movements in one day. Does not guarantee what we deliver is actually a proper and correct. Everything that happens in the decisions you make on your trading transaction is to be Your responsibilities. Flag Counter Visit Us www.deryworldscorp.web.id Visit Us www.deryworldscorp.asia


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